All posts by Afolabi Ogunde

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  Oswald Boateng, Atlantic Energy & Made in Africa Foundation Supports AfDB’s $22bn “Marshall Plan” for Africa

  The African Development Bank (AfDB) has proposed plans to float Africa’s first infrastructure bonds to member nations to raise up to $22 billion for investments in much needed infrastructure projects such as ports, railways, roads and energy,...

  • Posted September 26, 2012
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  From university dropout to ICT millionaire

  The Co-Founder and Chief Operating Officer, Oxygen Broadband Networks, Nigeria’s first metro WiFi network, Mr. Wande Adalemo, is a young man who aspired to be a university graduate and get a job. But an event in 1998...

  • Posted September 25, 2012
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  YDx set to unveil Inception 2012 Summer Beach Party in Lagos

  In a bid to boost the flair for tourism and encourage creativity among young Nigerians, YDx, a youth marketing company based in Lagos is set to brand the city beach-lines with the Inception 2012. The concept is...

  • Posted September 25, 2012
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  Fashola Inaugurates Research and Development Council with N200 million

  The  Lagos State Governor, Mr. Babatunde Fashola (SAN), Monday inaugurated the Lagos State Research and Development Council asserting that research and development would define the lives of citizens in more ways than they could possibly perceive. Speaking...

  • Posted September 25, 2012
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  Heavy Traffic Envisioned as Lagos Ibadan Expressway Reconstruction Commences

  The management of Bi-Courtney Highway Services Limited, concessionaires for the Lagos-Ibadan Expressway has advised motorists that it has commenced reconstruction works on major sections of the road. The company disclosed that it has sub-contracted major reconstruction works on...

  • Posted September 25, 2012
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  “We will cripple Shell Operations if you don’t respond in 14 days”-Bayelsa community

  In Yenagoa all hell has broke loose as indigenes of I, II, and III villages in Ekeremor Local Government Area of Bayelsa State have warned the Shell Petroleum Development Company to hastily compensate  families of the five...

  • Posted September 25, 2012
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  Nigeria loses N260. 5 billion due to drop in oil revenue, Spotlight on solid minerals

  The Chairman, Forum of Commissioners of the 36 states of the federation, Timothy Odaah, informed journalists yesterday in a public interview that both the local, state and federal government has agreed use alternative measures to generate more...

  • Posted September 25, 2012
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  Nigeria to spend N1.896 trillion on Power, Alternative energy by 2015

  The Federal Government is expected to spend about N1.896 trillion in the power sector come 2015; the timeline for the expenditure is set from 2011. The Head of Service of the Federation, Alhaji Isa Bello Sali who...

  • Posted September 25, 2012
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  Total to Sell $20 Billion of Assets as It Raises Output Goal

  Total SA, Europe’s third-largest oil company, plans to sell as much as $20 billion in assets to raise cash for oil and gas projects. Total said it would try to sell $15 billion to $20 billion of...

  • Posted September 24, 2012
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  Seawolf Signs N 22 billion Contract on Drilling Rig With Exxon

  Seawolf Oil Services Ltd., a Nigerian offshore drilling company, said it signed a 22 billion naira ($140 million) contract to provide one of its three rigs to Exxon Mobil Corp. The Oritsetimeyin rig will be contracted to ExxonMobil...

  • Posted September 24, 2012
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